San Francisco's Purple Onion set to close

A legendary San Francisco comedy club will have one last laugh and then shut down for good.

The Purple Onion in North Beach hosted the Smothers Brothers in 1961 and has since filled its walls with autographed photos of now famous comedians.

However, after nearly 60 years of jokes and laughter the building is being sold and everything inside will be auctioned off on Tuesday. The Purple Onion plans to hold one final comedy marathon Monday night.

Tuesday's auction will include all the furnishings and those autographed photos of the comic legends such as: Woody Allen, Phyllis Diller and Richard Pryor.